State Codes and Statutes

Statutes > Michigan > Chapter-488 > Act-322-of-1978 > Section-488-24

ELECTRONIC FUNDS TRANSFERS (EXCERPT)
Act 322 of 1978

488.24 Unauthorized transactions prohibited.

Sec. 24.

A funds transfer facility shall not be used to facilitate or effect a transaction with a financial institution, which transaction the financial institution is not otherwise authorized by law to transact.


History: 1978, Act 322, Eff. Jan. 1, 1979

State Codes and Statutes

Statutes > Michigan > Chapter-488 > Act-322-of-1978 > Section-488-24

ELECTRONIC FUNDS TRANSFERS (EXCERPT)
Act 322 of 1978

488.24 Unauthorized transactions prohibited.

Sec. 24.

A funds transfer facility shall not be used to facilitate or effect a transaction with a financial institution, which transaction the financial institution is not otherwise authorized by law to transact.


History: 1978, Act 322, Eff. Jan. 1, 1979


State Codes and Statutes


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State Codes and Statutes

Statutes > Michigan > Chapter-488 > Act-322-of-1978 > Section-488-24

ELECTRONIC FUNDS TRANSFERS (EXCERPT)
Act 322 of 1978

488.24 Unauthorized transactions prohibited.

Sec. 24.

A funds transfer facility shall not be used to facilitate or effect a transaction with a financial institution, which transaction the financial institution is not otherwise authorized by law to transact.


History: 1978, Act 322, Eff. Jan. 1, 1979


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